MINCHET
ActiveSummary
MINCHET has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €423,545 and a net result of €75,063. Equity is growing by ~27.2% per year across the filed fiscal years. Its solvency ranks better than 24% of 32023 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▲+27
Solvency46▲+4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity short (current ratio 0.01 against 0.02 in 2024; short-term debt: 47.2% and cash: 0.6% of total assets), and 79% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
21%
Return on assets
3.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 32023 sector peers (2025).
NBB · sector comparisonPosition among 32023 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-08-2026, 4 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 5 filingsDeviation from the deadline
2025
4 d late
2024
29 d early
2023
23 d early
2022
53 d early
2021
24 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 25 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 7 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#4 company by total assets in Viroinval
Equity
€423,545▲ 21.5%
2024 · €348,482
Total assets
€2.0m▼ 0.3%
2024 · €2.0m
Net result
€75,063▲ 5.3%
2024 · €71,309
Working capital
-€937,502▲ 3.2%
2024 · -€968,164
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€142,874-€99,737▼ 30.2%€106,690▲ 7.0%€103,037▼ 3.4%€105,863▲ 2.7%
Net result€112,066above the sector's middle half-€75,805above the sector's middle half▼ 32.4%€79,302above the sector's middle half▲ 4.6%€71,309above the sector's middle half▼ 10.1%€75,063above the sector's middle half▲ 5.3%
Equity€122,066within the sector's middle half-€197,871within the sector's middle half▲ 62.1%€277,173above the sector's middle half▲ 40.1%€348,482above the sector's middle half▲ 25.7%€423,545above the sector's middle half▲ 21.5%
Total assets€2.0mabove the sector's middle half-€2.0mabove the sector's middle half▼ 0.1%€2.0mabove the sector's middle half▼ 0.4%€2.0mabove the sector's middle half▼ 0.1%€2.0mabove the sector's middle half▼ 0.3%
Debt€1.9m-€1.8m▼ 4.1%€1.7m▼ 4.8%€1.7m▼ 4.2%€1.6m▼ 4.8%
Working capital-€1.0mbelow the sector's middle half--€1.1mbelow the sector's middle half▼ 4.2%-€1.1mbelow the sector's middle half▲ 2.4%-€968,164below the sector's middle half▲ 8.5%-€937,502below the sector's middle half▲ 3.2%
Solvency6.0%below the sector's middle half-9.7%below the sector's middle half▲ 3.7pp13.7%below the sector's middle half▲ 4.0pp17.2%below the sector's middle half▲ 3.5pp21.0%below the sector's middle half▲ 3.8pp
Current ratio0.03below the sector's middle half-0.03below the sector's middle half=0.02below the sector's middle half▼ 0.010.02below the sector's middle half=0.01below the sector's middle half▼ 0.01
Return on assets (ROA)5.5%within the sector's middle half-3.7%within the sector's middle half▼ 1.8pp3.9%within the sector's middle half▲ 0.2pp3.5%within the sector's middle half▼ 0.4pp3.7%within the sector's middle half▲ 0.2pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 3% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.0m
Fixed assets
€2.0m ▲ 0.1%
Current assets
€13,638 ▼ 34.1%
Equity and liabilities €2.0m
Equity
€423,545 ▲ 21.5%
Debt
€1.6m ▼ 4.8%
Debt's share of the balance-sheet total falls from 82.8% to 79.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€106,010
Cash flow
€75,211
Debt to equity
3.76▼
2024 · 4.80
ROE
17.7%▼
2024 · 20.5%
Interest coverage
20.05
Debt ≤ 1 year
€951,140▼
2024 · €988,865
Debt > 1 year
€640,003▼
2024 · €683,354
Income taxes
€25,512▲
2024 · €25,332
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | €148 | - |
| Other operating charges640/8 | - | €98 | - | - | - | - |
| Gross operating margin9900 | €142,874 | €99,835 | €106,690 | €103,037 | €106,010 | ▲ 2.9% |
| Operating profit (loss)9901 | €142,874 | €99,737 | €106,690 | €103,037 | €105,863 | ▲ 2.7% |
| Financial charges65/66B | €120 | €4,944 | €7,166 | €6,396 | €5,288 | ▼ 17.3% |
| Recurring financial charges65 | €120 | €4,944 | €7,166 | €6,396 | €5,288 | ▼ 17.3% |
| Profit (loss) for the period before taxes9903 | €142,755 | €94,793 | €99,523 | €96,641 | €100,575 | ▲ 4.1% |
| Income taxes67/77 | €30,689 | €18,988 | €20,221 | €25,332 | €25,512 | ▲ 0.7% |
| Profit (loss) for the period9904 | €112,066 | €75,805 | €79,302 | €71,309 | €75,063 | ▲ 5.3% |
| Profit (loss) for the period to be appropriated9905 | €112,066 | €75,805 | €79,302 | €71,309 | €75,063 | ▲ 5.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | ▼ 0.3% |
| Fixed assets21/28 | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | ▲ 0.1% |
| Tangible fixed assets22/27 | - | - | - | - | €1,051 | - |
| Plant, machinery and equipment23 | - | - | - | - | €1,051 | - |
| Financial fixed assets28 | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Current assets29/58 | €32,470 | €30,396 | €22,491 | €20,701 | €13,638 | ▼ 34.1% |
| Cash at bank and in hand54/58 | €31,928 | €29,822 | €21,988 | €20,166 | €13,051 | ▼ 35.3% |
| Deferred charges and accrued income490/1 | €542 | €575 | €503 | €535 | €587 | ▲ 9.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | ▼ 0.3% |
| Equity10/15 | €122,066 | €197,871 | €277,173 | €348,482 | €423,545 | ▲ 21.5% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Reserves13 | €112,066 | €187,871 | €267,173 | €338,482 | €413,545 | ▲ 22.2% |
| Distributable reserves133 | €112,066 | €187,871 | €267,173 | €338,482 | €413,545 | ▲ 22.2% |
| Amounts payable17/49 | €1.9m | €1.8m | €1.7m | €1.7m | €1.6m | ▼ 4.8% |
| Amounts payable after more than one year17 | €837,936 | €718,211 | €664,893 | €683,354 | €640,003 | ▼ 6.3% |
| Financial debts170/4 | €837,936 | €718,211 | €664,893 | €683,354 | €640,003 | ▼ 6.3% |
| Amounts payable within one year42/48 | €1.1m | €1.1m | €1.1m | €988,865 | €951,140 | ▼ 3.8% |
| Current portion of amounts payable after more than one year42 | €75,511 | €130,192 | €133,202 | €58,991 | €55,087 | ▼ 6.6% |
| Trade debts44 | €258 | - | €550 | €55 | €182 | ▲ 229% |
| Suppliers440/4 | €258 | - | €550 | €55 | €182 | ▲ 229% |
| Taxes, remuneration and social security45 | €689 | €1,677 | €221 | €6,103 | €8,894 | ▲ 45.7% |
| Taxes450/3 | €689 | €1,677 | €221 | €6,103 | €6,944 | ▲ 13.8% |
| Remuneration and social security454/9 | - | - | - | - | €1,950 | - |
| Other amounts payable47/48 | €996,009 | €982,445 | €946,451 | €923,716 | €886,978 | ▼ 4.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €112,066 | €75,805 | €79,302 | €71,309 | €75,063 | ▲ 5.3% |
| + Depreciation and write-downs630 | - | - | - | - | €148 | - |
| Operating cash flow (approximation) | €112,066 | €75,805 | €79,302 | €71,309 | €75,211 | ▲ 5.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€1,199 | - |
| Change in cash | - | -€2,106 | -€7,834 | -€1,822 | -€7,115 | ▼ 291% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 4 days late
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €71,309 ▼10.1%
Net result drops to €71,309, the lowest in the series; recovery starts the following year.
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200,000Eq €277,173 ▲40.1%
3 profitable years in a row build equity to €277,173.
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €150,000Eq €197,871 ▲62.1%
2 profitable years in a row build equity to €197,871.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Viroinval · 1 establishment unit since 2020
Ground area
7,157 m²
Building footprint
518 m²
Volume, LiDAR
3,912 m³
2 parcels, Wallonia · tallest building 9.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MINCHET
since 20202.303.386.744
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93049C0672/00B002 | Wallonia | 6,929 m² | 1 · 414 m² | 9.2 m · 3 fl. |
| 93049B0159/00V014 | Wallonia | 228 m² | 1 · 103 m² | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
100%
According to the 2025 annual accounts of MINCHET and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 82,601 companies in this sector we hold annual accounts for 52,629. 35,984 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded08-06-2020
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Contact
E-mail
fa551633@skynet.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0747984915
Also
9925:BE0747984915
Registered
06-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.